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Malt Ingredient Market Share , Industry Trends In 2023

Malt is a broad category of processed cereals that comes in a variety of market-specific varieties, including malt for brewers and beers (which includes both standard and specialty malts), malt for distilling, and malt for culinary uses. Wheat, rye, sorghum, and barley cereals work particularly well for this method. The latter is currently the grain that gets malted the most frequently. 90% of the 22 million tonnes of malt produced in 2015 came from barley. 108 million tonnes of the 144 million tonnes of barley produced worldwide in 2017 were used for malting. The global malt ingredient market was valued at $20.4 billion in 2021, and is projected to reach $29.4 billion by 2031, growing at a CAGR of 3.9% from 2022 to 2031.

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Malt Ingredient Market Share , Industry Trends In 2023 Malt is a broad category of processed cereals that comes in a variety of market-specific varieties, including malt for brewers and beers (which includes both standard and specialty malts), malt for distilling, and malt for culinary uses. Wheat, rye, sorghum, and barley cereals work particularly well for this method. The latter is currently the grain that gets malted the most frequently. 90% of the 22 million tonnes of malt produced in 2015 came from barley. 108 million tonnes of the 144 million tonnes of barley produced worldwide in 2017 were used for malting. The global malt ingredient market was valued at $20.4 billion in 2021, and is projected to reach $29.4 billion by 2031, growing at a CAGR of 3.9% from 2022 to 2031. Download Free Sample: https://www.alliedmarketresearch.com/request-sample/17330
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